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Analysis-Peltz loses at Disney but his investors win; changes may still be ahead

Billionaire investor Nelson Peltz lost but he also won. Hours after shareholders voted to keep the octogenarian hedge fund manager off the board at Walt Disney, ending the year's most expensive and closely watched board room fight, there are few signs the defeat will hurt him or his business. "I don't think this means anything for Nelson Peltz," said Ken Squire, the founder of research firm 13D Monitor which tracks activists. ....

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Analysis-Peltz Loses at Disney but His Investors Win; Changes May Still Be Ahead

Analysis-Peltz Loses at Disney but His Investors Win; Changes May Still Be Ahead
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ADP Declares Regular Quarterly Dividend

/PRNewswire/ The board of directors of Automatic Data Processing, Inc. (Nasdaq: ADP) has declared a regular quarterly dividend of $1.40 per share payable. ....

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